Engine Biosciences("Engine"), a San Francisco, CA-based biotech company pioneering its artificial intelligence and genomics network biomedicine platform for drug discovery has raised $10 million. The seed round was co-led by by DHVC (Danhua Capital) and 6 Dimensions Capital, with participation from global biopharmaceutical leader WuXi AppTec, EDBI, Pavilion Capital, Baidu Ventures, WI Harper, and Nest.Bio Ventures.The company plans to utilize the funding to support its proprietary platform,
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
The HCI Group Acquires MEDITECH Certified Partner Infinity HIT
The HCI Group, a healthcare IT consulting firm has acquired Infinity HIT, a MEDITECH Ready-Certified consulting firm to expand its health IT service offerings. The HCI Group plans to leverage the acquisition of Infinity HIT's credentials to strengthen its capabilities as a MEDITECH READY Certified organization. Financial terms of the acquisition were not disclosed. Founded in 2012, Infinity HITp rovides consulting, implementation, optimization, staffing and support services to hospitals and
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Israeli Telehealth Startup TytoCare Lands $25M to Penetrate International Markets
TytoCare, an Israeli-based telehealth company has raised $25 million led by Ping An Global Voyager Fund with participation from new and existing investors. The growth round also includes new participants like Qure, Israel’s first exclusively-focused digital health fund, established with Johns Hopkins University. As part of the oversubscribed round, Tyto Care has the option to expand funding to $28 million in the next few months. The company plans to use the funds to help TytoCare fulfill the
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LRVHealth Unveils $100M Fund for “Inside Healthcare” Investing Platform
LRVHealth formerly known as Long River Ventures has announced the launch of an early-stage venture platform for digital health, medical devices and diagnostics. In addition, LRVHealth has partnered with eight national healthcare systems and the Innovation Institute to raise a $100 million venture fund for its “Inside Healthcare” venture capital platform.LRVHealth’s “Inside Healthcare” VC platform unites experienced healthcare operators and investors with leading providers, payers, vendors and
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Ascensia Diabetes Challenge Launches to Find Innovative Digital Solutions to Support Diabetes
Ascensia Diabetes Care has announced the launch of the Ascensia Diabetes Challenge, a global innovation competition seeking innovative digital solutions to support diabetes management and improve the lives of those living with type 2 diabetes. The purpose of the challenge is to find new ways to help tackle the management of the global epidemic of type 2 diabetes by unearthing undiscovered solutions from diabetes innovators.Finalists, runners-up and the winner will all receive cash prizes to
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Fruit Street Health Joins StartUp Health Moonshot Academy
Fruit Street Health, a NYC-based provider of HIPAA-Compliant telehealth software for lifestyle and obesity medicine has been selected to join StartUp Health and its exclusive Moonshot Academy for digital health entrepreneurs. Through the StartUp Health Moonshot Academy, Fruit Street Health will gain access to coaching, community, connections to industry stakeholders and promotion aimed at successfully navigating the complicated healthcare industry. Founded in 2014, Fruit Street
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M3DICINE Launches World’s First FDA-Cleared AI-Enabled Stethoscope System
M3DICINE Inc, designers of intelligent medical devices has announced the launch of Stethee, the world’s first AI enabled stethoscope system. With a revolutionary new design that works as easily as a traditional stethoscope, the Stethee family of products allows users to listen to heart and lungs sounds with sophisticated amplification and filtering technology and to instantly capture and analyze heart and lung sounds and data via Bluetooth to the Stethee iOS or Android App providing a whole new
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Mediware Acquires Revenue Cycle Management Solution MEDTranDirect
Mediware Information Systems, Inc.announced it has acquired MEDTranDirect, a revenue cycle management solution and an approved network service vendor for Medicare. For Mediware, the acquisition complements the revenue cycle management and Medicare claims capabilities in Mediware’s home care market solution, Kinnser Software, while simultaneously leveraging Mediware’s heritage of supporting data-driven clinical excellence and improving efficiencies in administrative workflow.MEDTranDirect’s
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LindaCare Nabs $8.7M to Accelerate Remote Patient Monitoring Solution
LindaCare, a Belgium-based digital health startup specializing in remote patient monitoring solutions for chronic disease management has raised $8.7 million in Series Be funding led by Philips and PMV. The round also included participation from existing investors Capricorn ICT Arkiv, Connecticut Innovations and a number of other minority shareholders. The company plans to utilize the funding to accelerate its US market expansion and product commercialization, as well as support the building of
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SnapMD Launches First-of-Its-Kind Rules Engine for Telehealth Interface
SnapMD, a full-service telehealth technology innovator and solutions provider, announced they have strengthened their Virtual Care Management programming interface with a first-of-its-kind rules engine. The exclusive administrative interface advancements make SnapMD the only telehealth platform to offer compound rules functions for hospital and health system intelligent processes.The bleeding-edge upgrades enhance the platform’s intelligent workflow system. Specifically, they add more options
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